3min chapter

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Stephen Grugett (Manifold Markets Founder) - Predictions Markets & Revolutionizing Governance

Dwarkesh Podcast

CHAPTER

Prediction Markets

The reputation of the market maker, or market creator rather, will matter a lot. I think it'll be kind of a bi modal distribution. While you'll see a few huge market creators that are high trust and have large volumes across their markets. Then there'll be a very long tail of smaller individuals with less of a track record. And their markets will be participated on by people, you know, closer to them on social graft.

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